Pension Funds: Administration AAF

We can help your organisation achieve AAF accreditation

Reporting on internal controls under the assurance framework AAF 01/06 issued by the Institute of Chartered Accountants in England & Wales (ICAEW) is widely adopted by third party pension scheme administrators. Many pension scheme trustees will not allow a third party administrator to act for their scheme unless the administrator has adopted this reporting standard.

Andrew Penketh, Head of Pension Funds, was a member of the working party that developed AAF 01/06. He continues to be involved in the development of this assurance standard issued by the ICAEW Audit & Assurance Faculty (AAF).

Our team has helped a number of third party administrators achieve this AAF accreditation as their independent Reporting Accountant.

Our assurance reports also extend to ensuring compliance with the International Standards for Assurance Engagements (ISAE) No. 3402.

Through our knowledge of the AAF 01/06 and ISAE 3402 assurance frameworks and our experience in working with third party administrators, we are well placed to help your organisation achieve this AAF accreditation.

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